GRSS Accessories is a small business partnership between 4 students offering customized accessories on campus. They operate a 4-day stall during Foundation Week to gain business experience. Their target market is students in the local area. They offer accessories at low prices and fund the business equally as partners. The partnership aims to gain skills in sales, business planning, and customer service for future careers.
3. • General Overview of Business
GRSS Accessories is a small business operation offering,
accessories (customized accessories) in the area Pinagsama, and
exclusively in the campus of The Fisher Valley College, Taguig City.
GRSS is a start-up business, providing cheap price but robust
products offered for all levels of student. In the Foundation Week the
business offers a 4 days Fashion accessories products. All activities
start from the same staging area located inside the campus.
GRSS Accessories is a partnership of Four Business students
who wants to improve their business skills. The target market stays at
the stall until they get their products. The operation has been active for
4 days. As partners, we all fund about the selling process and sales
experiences. We are a Business Administration students and we must
be in capable of selling our products, our experience will give us great
skills to manage the operation of the large-scales companies in yet to
come. Our recent move into sales in the past 4 days has given us the
skills for dealing with customers, creating my personal business plan,
and most importantly, closing sales.
5. GRSS Accessories is a form of Partnership, an
autonomous and will be duly registered as a business
entity to achieve social, economic, and cultural needs and
aspirations , patronizing products and services and
accepting the risks and benefits of the undertaking in
accordance with universally accepted Partnership
principles. GRSS Accessories is a consumer type of
Partnership since the primary purpose of it is to produce
goods and services that will exceed the expectations and to
satisfy the consumers, not just looking for the profit we can
get.
6. Being in a Partnership we come up with a name
that can easily relate to the nature of the business.
The GRSS KEYCHAINS. is a good start key chain
outlet in M. L. Quezon St., Hagonoy, Taguig City area. The
goal of the partnership is to have a market share of key
chain industry through low price, a dominant selection of
products, a competitive variety of services and a product of
quality that will really satisfy the desires of the customers.
Filipinos tend to have passion in fashion, they like having
personalized, owned things that show their own
personalities. Through things that we see to them, they
already introduced themselves to us.
9. The target market will be the whole area of Taguig
City which will concentrate in Hagonoy where our college
is located. Our major customers are the students of High
Schools and Elementary schools nearby, we will also offer
this product to any active consumers who patronizes the
kind of product we offer. The potential consumers would be
the students, employees and professionals.
The establishment would like to become successful
due to its accessibility because it is along main road and
also the area offers the greatest possibility of success due
to rapid growth of students.
10. 1. To be able to be more competitive since competition in
business industry already exists nowadays.
2. To produce products with quality and assurance.
3. To be able to be active in any entrepreneurial activities
that will really aid us.
4. To be able to meet the satisfaction of the consumers by
enhancing the products and services we are offering.
11. • Pricing
- The prices will depend on the kind and design of Key Chains
that we will produce, prices will range from Php10.00 to
Php25.00 unit price.
- We will also give discounts if customers buy in bulk.
- Our price is cheaper than the value of the competitor’s
products.
• Promotion and Advertising
- The ultimate goal of advertising is for the product to be
recognized by the consumers. The real goal of advertising is
effective communication to modify the attitudes or behavior of
the customers through exposure and awareness of the
advertising message. There are list some promotion activity to
the market:
Leaflets
- The leaflets will be given to the people who are passing
by the place and to the nearest school around us in order to
12. Swot Analysis
- Is first stage for planning and helps marketers focus on key
issues. S stands for strength, W for weakness, O for opportunity and T for
threats. It is a tool for auditing our organization and environment.
Strengths
• GRSS KEYCHAINS has an impressive, one-of-a-kind collections of
custumized key chains and bracelets.
• Quality services
• The Location of our business is accessible to all levels of student.
• Low prices and affordable
Weaknesses
• New in field of business
• Stores offer this kind of products that they are known for
• The country has many competitors in this kind of business
Opportunity
GRSS KEY CHAINS is not just an ordinary accessories that are
abundant in the country but we are the only one that will ensure that our
products are 100% customized and fully designed accessories.
Threats
• Developing markets
17. • Operation Steps:
1. Purchase accessories
2. Transport purchase point to TFVC
3. Production steps
4. Store the unsold products
5. Sell again
18. • Production Steps:
1. Purchase bracelets, necklace, wallets and seller.
2. Determine the price of each accessories.
3. Customize every bracelets.
4. Inventory.
5. Organize the stall.
6. Sell to customer.
19. • The items for consumption are bought in
Divisoria.
Wholesale Products (accessories, bracelets, ballers)
Customized bracelets
Paint glues
25. ASSETS:
Cash P2, 220.00
Totals: P2, 220.00
LIABILITIES:
--------------- -----------
OWNER’S EQUITY:
Decina’s Capital P555.00
Dimalanta’s Capital P555.00
Lozano’s Capital P555.00
Rom’s Capital
P555.00
Totals: P2, 220.00
26. • List of Expectations:
1. Work Product
2. Dependability
3. Cooperativeness
4. Adaptability
5. Work Group Management
6. Performance Planning Review
27. • You will be expected to perform work in a
professional manner and complete assignments on
time.
• You will be expected to accept job assignments
willingly and perform them in a satisfactory manner.
• You are expected to familiarize yourself with the
office procedures, rules and regulations and to be
able to answer routine questions regarding the
same.
• You will be expected to keep organized, neat, and
accurate records.
28. • You will be expected to complete all work
assignments by their deadlines except
under unusual circumstances
29. • You will be expected to be more friendly while performing
your daily tasks.
• You will be expected to accept the tasks you are
assigned without complaining.
• You will be expected to be courteous to fellow
employees, students, and faculty.
• You will be expected to maintain a friendly, helpful,
supportive and team-like atmosphere among coworkers.
• You will be expected to refrain from interfering with
coworker’s productivity while at work.
• You will be expected to refrain from "casually visiting"
with others while at work and to discourage others from
"casually visiting" with you while at work. This reduces
productivity.
30. • You will be expected to look for ways to
streamline office procedures without
jeopardizing the accuracy of the overall
procedure.
• You will be expected to work well with the
public.
31. • You will be expected to plan and assign the work
of your subordinates effectively and fairly.
• You will be expected to set realistic but
challenging goals.
• You will be expected to recommend corrective
action or discipline when appropriate.
32. • You will be expected to communicate
performance expectations clearly.
• You will be expected to complete fair
performance appraisals when they are due.
• You will be expected to avoid rating biases.
